Big bank balance sheets increasingly skewed to mortgages
The balance sheets of the big four banks are increasingly exposed to residential mortgages, as other forms of revenue generation become less...
Based on its average 5-year and quarterly capital gains MOUNT TARCOOLA, 6530 saw average decrease in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that MOUNT TARCOOLA, 6530 obtained a -3.57% decrease over a ten-year period. It ranks 4007th on our list of suburbs that property investors should look into.
MOUNT TARCOOLA, 6530 in WA belongs to the local government area of Greater Geraldton (C).
MOUNT TARCOOLA, 6530 has a capital gain of -13.79% for the past year, which is lower than average compared to its -34.52% growth within a five-year period.
With the median home price in MOUNT TARCOOLA sitting at $275,000, and the average rent at $300, property owners could potentially earn a 5.67% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in MOUNT TARCOOLA are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $275,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -0.9% | N/A |
| Median 12 month | -13.79% | N/A |
| Median 3 years | -24.76% | N/A |
| Median 5 years | -34.52% | N/A |
| 10 years average annual | -3.57% | N/A |
| Weekly media advert. rent | $300 | N/A |
| Time on Market | 116.9 days | N/A |
| Gross Rental Yield Percent | 5.67% | N/A |
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